Major US stock indexes are opening higher in anticipation of a 25 basis point cut at the next Fed meeting next Wednesday. This morning's CPI data came in as expected for both the core and non-core measures. The
A picture of the current market shows:
- The Dow industrial average was up 66.91 points or 0.15% at 44315
- The S&P index was up 32.82 points or 0.54% at 6067
- The NASDAQ index was up 183 points or 0.94% at 19871.73.
- Russell 2000 up 15.88 points or 0.67% at 2398.56.
Some company color:
- Meta reached an all-time high
- Costco also reached an all-time high price
- Roblox is trading up more than 5% after earnings
This article was written by Greg Michalowski at www.forexlive.com.
Source link
